China cuts RRR for first time in 2025 to boost liquidity

China's central bank on Thursday cut the reserve requirement ratio (RRR) for financial institutions by 0.5 percentage points, its first RRR cut of the year. The move is expected to provide about 1 trillion yuan ($138.77 billion) in long-term liquidity to the market.

China, US to maintain communication based on Geneva consensus: MOFCOM

China and the US will continue dialogue on each other's economic and trade concerns, following the progress made during the talks in Geneva, Switzerland, with updates on the newly agreed economic and trade consultation mechanism to be released in due course, according to a spokesperson for China's Ministry of Commerce (MOFCOM) on Thursday.

The latest projections from the APEC present a concerning outlook. The situation underscores the growing urgency of strengthening multilateral cooperation to tackle various development bottlenecks. And China has been a ...

Driving forces behind panda bond market expansion deserve attention – here's why

In the first four months of this year, the issuance of panda bonds - yuan-denominated bonds issued by foreign financial institutions in China - reached 62.2 billion yuan ($8.6 billion), ...


Editor's Note: This year marks the 10th anniversary of the launch of the China-Community of Latin American and Caribbean States (CELAC) Forum, which has become an important platform for equal dialogue and mutually beneficial cooperation between China and Latin American ...
A 21-carriage freight train carrying 42 twenty-foot equivalent units (TEUs) of construction-needed lumber recently arrived at Suifenhe Railway Station on the China-Russia border. It marked the 120th China-Europe freight train passing through this land port this year, processing a cumulative ...
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